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What is a SAS Type II Certification?
The SAS 70 Type II certification is an internationally recognized auditing standard developed by the American Institute of Certified Public Accountants. A SAS 70 Type II examination signifies that an independent accounting and auditing firm has examined a service organization’s control objectives and control activities.
NeoSpire received an exemption-free Statement on Auditing Standards No. 70 (SAS 70) Type II certification, performed by independent auditors, KBA Group LLP.
Why is a SAS Type II Certification Important?
An assortment of government-compliance regulations has been created over the past several years, including the standards imposed by the Sarbanes-Oxley Act of 2002. Under Section 404 of Sarbanes-Oxley Act (SOX), most companies require a SAS 70 Type II certification report from their service providers to evaluate controls, data centers, security, backup and system availability.
The SAS 70 Type II Certification is the de-facto method of permitting a service provider to disclose control activities and processes to their customers in a consistent and reliable format. A SAS 70 Type II Certification report includes the independent auditors provisions for the organization to consistently and accurately execute the company’s documented control environment and the effectiveness of such controls at protecting information assets from security and availability threats.
An exemption-free SAS 70 Type II Certification report is known by organizations in the United States and Europe. These countries recognize the report as a reliable indicator that a service organization has implemented an effective control environment. The report is also acknowledged as a critical component of Sarbanes-Oxley compliance. NeoSpire’s SAS 70 Type II certification permits the company to deliver confirmation of the controls required for compliance with the Sarbanes-Oxley Act.
The SAS 70 Type II audit is not a one-time process. NeoSpire was reviewed for six months and the audit will be ongoing in order to maintain the certification so clients can be assured they will be in compliance when hosting with this company.
For more information about NeoSpire’s SAS 70 Type II Certification or mission critical managed hosting services, contact us today.
